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$INTC 2Q15 Call: PC supply chain inventories declined at a slower rate than expected. Forecasting full-year 2015 total revenue to decline about 1%. Last month, announced the plan to acquired Altera. In 2H16, INTC plans to introduce third 14-nanometer product, Kaby Lake. In 2H17, expects launching first 10-nanometer product, codenamed Cannon Lake.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.